Enbridge (TSE:ENB) Rating Increased to Moderate Buy at US Capital Advisors

US Capital Advisors upgraded shares of Enbridge (TSE:ENB) (NYSE:ENB) from a hold rating to a moderate buy rating in a research note published on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for Enbridge’s Q3 2026 earnings at $0.60 EPS, Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.95 EPS and FY2027 earnings at $3.35 EPS.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada increased their price target on shares of Enbridge from C$76.00 to C$79.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th. Raymond James Financial cut shares of Enbridge from a “moderate buy” rating to a “hold” rating in a report on Friday, July 31st. Scotiabank raised their target price on shares of Enbridge from C$78.00 to C$84.00 and gave the company a “sector outperform” rating in a research note on Tuesday, July 21st. TD lifted their target price on shares of Enbridge from C$79.00 to C$81.00 and gave the company a “hold” rating in a report on Thursday, June 25th. Finally, National Bank Financial boosted their price target on Enbridge from C$73.00 to C$81.00 and gave the stock a “sector perform” rating in a research report on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$76.00.

Enbridge Stock Up 1.4%

ENB stock opened at C$70.47 on Thursday. Enbridge has a fifty-two week low of C$62.42 and a fifty-two week high of C$80.65. The company has a market capitalization of C$153.91 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74. The business’s 50 day moving average price is C$76.39 and its two-hundred day moving average price is C$74.85. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.44 and a current ratio of 0.72.

Enbridge (TSE:ENB) (NYSE:ENB) last released its quarterly earnings results on Friday, July 31st. The company reported C$0.63 earnings per share for the quarter. The company had revenue of C$29.32 billion for the quarter. Enbridge had a return on equity of 10.01% and a net margin of 7.28%. As a group, analysts forecast that Enbridge will post 3.511912 earnings per share for the current fiscal year.

Enbridge Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, September 1st will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.88 annualized dividend and a dividend yield of 5.5%. Enbridge’s dividend payout ratio (DPR) is 147.68%.

Enbridge Company Profile

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We’re investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We’re advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.